Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

Salasar Techno Engineering Limited Capital/Financing Update 2025

Oct 13, 2025

60476_rns_2025-10-13_7db3e7ee-98c2-4ce2-998f-2024acadb073.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

Salasar Techno Engineering Limited

==> picture [180 x 32] intentionally omitted <==

Date: October 13, 2025

The Manager – Listing The Secretary National Stock Exchange of India Ltd. Corporate Relationship Dept. Exchange Plaza, Bandra Kurla Complex BSE Limited Bandra, East Mumbai – MH 400051 P. J. Tower, Dalal Street, Mumbai Symbol - SALASAR MH - 400001 Scrip Code: 540642

Dear Sir/Ma’am,

Sub: Outcome of Finance Committee Meeting held on Monday, October 13, 2025 - “Conversion of 2,11,80,000 warrants into equal number of equity shares of the Company”

In terms of Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, we wish to inform you that the Finance Committee of the Board of Directors of the Company in their meeting held on today i.e. Monday, October 13, 2025 at the Company’s Registered Office situated at Kh. No. 265, 281-288, Parsaun – Dasna, Jindal Nagar, Hapur, Uttar Pradesh, India – 201015, has considered and approved the allotment of 2,11,80,000 fully paid-up equity shares of face value of Re. 1/- each, pursuant to conversion of 2,11,80,000 fully convertible warrants into said equal number of equity shares at an issue price of Rs. 14.40/- (including a premium of Rs. 13.40/- each), to the following allotee under the “Promoter Category”, on preferential basis, upon receipt of balance amount aggregating to Rs. 22,87,44,000/- (Rupees Twenty-Two Crores Eighty-Seven Lakhs and Forty-Four Thousand Only) at the rate of Rs. 10.80 (Rupees Ten and Eighty Paise Only) per warrant (being 75% of the issue price per warrant) from the allottees pursuant to the exercise of their rights of conversion into equity shares in accordance with the provisions of SEBI (ICDR) Regulations, 2018:

S.No. Name
of
Allottees		 No.
of
warrants
allotted		 No. of warrants
applied
for
conversion		 No. of equity
shares
allotted		 Amount received
being 75% of the
issue price per
warrant		 No.
of
warrants
pending for
conversion
1. Shashank
Agarwal		 40,00,000 40,00,000 40,00,000 4,32,00,000 0
2. Shalabh
Agarwal		 1,39,00,000 1,39,00,000 1,39,00,000 15,01,20,000 0

CIN No. - L23201UP2001PLC209751

==> picture [12 x 19] intentionally omitted <==

Corporate Office: - A-301-320, 3[rd] Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec62, Noida U.P. 201309

==> picture [16 x 16] intentionally omitted <==

Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. HapurU.P. 201015 Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304

+91 7017538987, 8750725142

+91 9368883592

+91 7417971568

==> picture [17 x 18] intentionally omitted <==

Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304 www.salasartechno.com

[email protected] [email protected]

Salasar Techno Engineering Limited

==> picture [180 x 32] intentionally omitted <==

3. Bharat
Agarwal		 32,80,000 32,80,000 32,80,000 3,54,24,000 0
Total 2,11,80,000 2,11,80,000 2,11,80,000 22,87,44,000 0

Pursuant to members approval, these warrants were allotted, in terms of SEBI (ICDR) Regulations, 2018 to “Promoters” and “Non-Promoters/Public Category”, on preferential basis, at an Issue Price of Rs. 14.40/- per warrant on payment of Rs. 3.60 (Rupees Three and Sixty Paisa only) per warrant, being 25% of the Issue Price, entitling the warrants holders to get their warrants converted into equal number of Equity Shares of the Company by paying remaining 75% i.e., Rs. 10.80/- within 18 months from the date of warrant allotment.

Consequent to today's conversation of warrants/allotment of Equity Shares, the issued and paid-up capital of the Company stands increased to Rs. 174,79,50,290/-consisting of 174,79,50,290 equity shares of Re. 1/each.

The new equity shares so allotted, shall rank pari-passu with the existing equity shares of the Company.

It may be pleased note that 3,25,00,000 total warrants are outstanding for conversion and these warrant holders are entitled to get their warrants converted into equal number of Equity Shares of the Company by paying remaining 75% i.e., Rs. 10.80/- per warrant within 18 months from the date of warrant allotment.

Disclosure under Regulation 30 of SEBI Listing Regulations read with SEBI circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 is enclosed as “ Annexure I” to this letter.

The Finance Committee Meeting commenced at 05:30 P.M. and concluded at 06:00 P.M.

You are requested to take the information on record and oblige.

Thanking you. Yours Faithfully,

For Salasar Techno Engineering Limited

Digitally signed by MOHIT MOHIT KUMAR GOEL KUMAR GOEL Date: 2025.10.13 18:15:51 +05'30'

Mohit Kumar Goel Company Secretary & Compliance Officer

Encl: as above

CIN No. - L23201UP2001PLC209751

==> picture [12 x 19] intentionally omitted <==

Corporate Office: - A-301-320, 3[rd] Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec62, Noida U.P. 201309

==> picture [16 x 16] intentionally omitted <==

Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. HapurU.P. 201015 Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304

+91 7017538987, 8750725142

+91 9368883592

+91 7417971568

==> picture [17 x 18] intentionally omitted <==

Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304 www.salasartechno.com

[email protected] [email protected]

==> picture [180 x 32] intentionally omitted <==

Salasar Techno Engineering Limited

“Annexure-I”

The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are as under:

S.
No.		 Particulars Disclosures Disclosures Disclosures Disclosures Disclosures Disclosures Disclosures Disclosures Disclosures Disclosures
1. Type of securities
proposed
to
be
Issued		 Equity Shares pursuant to conversion of warrants.
2. Type of issuance Preferential Allotment
3. Total number of
securities
proposed
to
be
issued
or
total
amount for which
the securities will
be issued		 Allotment of 2,11,80,000 Equity Shares at an issue price of Rs. 14.40/- (including a
premium of Rs. 13.40/- each), upon conversion for equal number of Warrants allotted at
an issue price of Rs. 14.40/- each upon receipt of balance amount at the rate of Rs. 10.80
per warrant (being 75% of the issue price per warrant) aggregating to Rs. 22,87,44,000/-.
Additional information in case ofpreferential issue:
4. Name and number
of the Investor(s)		 S. No. Name of Allottee Category
1. Shashank Agarwal Promoter
2. Shalabh Agarwal Promoter
3. Bharat Agarwal Promoter
5. Post allotment of
securities
-
outcome
of
the
subscription,		 Equity
exercise
%
4.29
8.12
0.19
12.60
Name of the
Allottee(s)		 Pre-
Issue
holding		 Equity No.
of
Shares
allotted
upon
conversion
of warrant		 Post
issue
Holding after
of Warrants		 Equity
exercise
No. of shares % No. of shares %
Shashank
Agarwal		 7,10,59,200 4.11 40,00,000 7,50,59,200 4.29
Shalabh
Agarwal		 12,80,59,200 7.42 1,39,00,000 14,19,59,200 8.12
Bharat Agarwal 0 0.00 32,80,000 32,80,000 0.19
Total 19,91,18,400 11.53 2,11,80,000 22,02,98,400 12.60

CIN No. - L23201UP2001PLC209751

==> picture [12 x 19] intentionally omitted <==

Corporate Office: - A-301-320, 3[rd] Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec62, Noida U.P. 201309

==> picture [16 x 16] intentionally omitted <==

Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. HapurU.P. 201015 Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304

+91 7017538987, 8750725142

  • +91 9368883592

+91 7417971568

==> picture [17 x 18] intentionally omitted <==

Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304 www.salasartechno.com

[email protected] [email protected]

Salasar Techno Engineering Limited

==> picture [180 x 32] intentionally omitted <==

Issue
price
/
allotted price (in
case
of
convertibles),		 Warrants had been allotted on April 30, 2024 carrying a right to subscribe to 1 (one) Equity
Share per warrant on receipt of amount at the rate of Rs. 3.60/- per warrant (being 25% of
the issue price per warrant).
Now, 2,11,80,000 Equity Shares have been allotted on receipt of balance amount at the rate
of Rs. 10.80 per warrant (being 75% of the issue price per warrant).
6. In
case
of
convertibles
-
intimation
on
conversion
of
securities or on
lapse of the tenure
of the instrument		 Exercise of 2,11,80,000 warrants into 2,11,80,000 fully paid-up Equity Shares of Re.1/-
each.

CIN No. - L23201UP2001PLC209751

==> picture [12 x 19] intentionally omitted <==

Corporate Office: - A-301-320, 3[rd] Floor, Tower-A, Noida One, Plot No.8, Block-B, Sec62, Noida U.P. 201309

==> picture [16 x 16] intentionally omitted <==

Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. HapurU.P. 201015 Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304

+91 7017538987, 8750725142

+91 9368883592

  • +91 7417971568

==> picture [17 x 18] intentionally omitted <==

Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304 www.salasartechno.com

[email protected] [email protected]

More from Salasar Techno Engineering Limited

M&A Activity 2026
May 23
M&A Activity 2026
May 23
Regulatory Filings 2026
May 22
Regulatory Filings 2026
May 1
Regulatory Filings 2026
May 1
Regulatory Filings 2026
Apr 13
Regulatory Filings 2026
Mar 30
Regulatory Filings 2026
Mar 13
Regulatory Filings 2026
Feb 16
Regulatory Filings 2026
Feb 14
View all filings →